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Oct 26, 2012
10/12
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we have a slow growth economy in the u.s., 2% is better than q2 but not great. we have slow down in most of the rest of the world, europe, japan, even the emerging markets have been struggling and that's caused a dirth of top line growth. >> you believe there's no 11th hour rescue that's coming and we are going to have a gigantic tax hike and the fiscal cliff will be violated. you believe that. what do you tell investors? what does that mean? >> let me rephrase that just a little bit to add a nuance. what i would say is i believe there's a much better chance that we're going to go over the fiscal cliff meaning these issues are not going resolved by january 1st and the markets discounted. if that happens i think there's a problem because again most investors do believe there will be the traditional 11th hour compromise. what does that mean? you want to get a bit more defensive. think about lowering the risk in your portfolio. one other thing it means which is interesting what you're starting to see now is that international stocks are outperforming the u.s. for t
we have a slow growth economy in the u.s., 2% is better than q2 but not great. we have slow down in most of the rest of the world, europe, japan, even the emerging markets have been struggling and that's caused a dirth of top line growth. >> you believe there's no 11th hour rescue that's coming and we are going to have a gigantic tax hike and the fiscal cliff will be violated. you believe that. what do you tell investors? what does that mean? >> let me rephrase that just a little...
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Oct 10, 2012
10/12
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i mean, everything about the u.s. is easier than doing business here, but this is where the growth is. >> you know, it's like a bucket of ice on your head. i don't think we have caught up to the reality of how much the world is consuming and how we're slippin' back. >> you know, i don't think it has to be all bad news. i still think there's lots of things we can do in the u.s., but the customers are here. and that's just the way it is. >> g.e. has 8,000 employees in brazil, and rising. at factory rallies here, immelt, as cheerleader, looks out at the future of the company. >> i want you to get up every day and want to beat caterpillar. i want you to hate the color yellow and do everything you can to make sure we're winning and beating the competition. >> on top of expanding the locomotive operation here, immelt is building a new aviation plant and a new research and development center in rio. you have also made the case that by increasing investment in a place like brazil, it would allow you to bring more jobs back ho
i mean, everything about the u.s. is easier than doing business here, but this is where the growth is. >> you know, it's like a bucket of ice on your head. i don't think we have caught up to the reality of how much the world is consuming and how we're slippin' back. >> you know, i don't think it has to be all bad news. i still think there's lots of things we can do in the u.s., but the customers are here. and that's just the way it is. >> g.e. has 8,000 employees in brazil,...
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Oct 24, 2012
10/12
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is the u.s. economy inching ahead like he says, or are we inching toward a recessionary year-end tax hike? here now we welcome back michelle gerard, senior economist, managing director with rbs, and david malpass, senior president and former deputy assistant treasury secretary. inching ahead, michelle. and what happens if we run smack into a tax hike? >> well, that's it. we are moving ahead at around a 2% pace in the third quarter, and i think that's where we'll be in the fourth quarter. but you're right. it doesn't matter because if the full fiscal cliff were to hit, and we're not just talking about the bush tax cuts, we're talking about the amt, which is really just as much of a drag as the middle-class tax cut, the payroll tax hike going -- or cut going away, unemployment benefits going away. if all of that happened, i think we'd be talking about a contraction in gdp in the first quarter on the magnitude of perhaps 3%. >> and how much would that drive up unemployment, michelle? just to follow
is the u.s. economy inching ahead like he says, or are we inching toward a recessionary year-end tax hike? here now we welcome back michelle gerard, senior economist, managing director with rbs, and david malpass, senior president and former deputy assistant treasury secretary. inching ahead, michelle. and what happens if we run smack into a tax hike? >> well, that's it. we are moving ahead at around a 2% pace in the third quarter, and i think that's where we'll be in the fourth quarter....
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Oct 17, 2012
10/12
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how far behind is the uk than the u.s. you're now in the u.s. a lot. what's the difference between start-up businesses? >> i think there's this ecosystem that people talk about, particularly in the valley, in silicon valley, where for many yoors now it's not been uncommon for someone to take a technology idea from standup to, you know, billions and billions of dollars worth of market cap in quite a short period of time. that fosters belief. that fosters lots and lots of people in coffee shops talking about the fact they are going to be the next zumer berg or the next larry paige. that ecosystem exists. one of the great challenges i think we've had in the uk for a long time is there's not many people we can point to. there's branson, but we know the establishment made life pretty hard for him. there's guys like charles dunston, but we tend not to celebrate that stuff so well. >> do you feel the pressure of being almost a role mcdonald nel that sense? >> no, not at all. i think what happened last week, one of those amazing flattering moments that you nev
how far behind is the uk than the u.s. you're now in the u.s. a lot. what's the difference between start-up businesses? >> i think there's this ecosystem that people talk about, particularly in the valley, in silicon valley, where for many yoors now it's not been uncommon for someone to take a technology idea from standup to, you know, billions and billions of dollars worth of market cap in quite a short period of time. that fosters belief. that fosters lots and lots of people in coffee...
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Oct 31, 2012
10/12
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u.s. death toll is now at least 64. a second new york city hospital, bellevue, has been evacuated because of power and flooding issues. >> lower manhattan still a crippled zone. the markets were able to open today, but there's still flooding damage down there and also very dark streets. >> so in the metropolitan area, the recovery is a struggle. the availability of electricity to run the traffic lights, pump the gasoline, is now prime need. 6.1 million utility customers are still without power. individuals and businesses alike. >> public transportation slowly coming back online. some subway services in the city, some commuter lines in new jersey, westchester, and long island will run tomorrow. >> commuters coming into the city by car must have three people in each car after 6:00 a.m. >> and the airports are opening, but it's difficult to get there. delta, a key operator in the northeast hopes to start flights from laguardia tomorrow. >> the rebuilding does begin, but problems persist. let's get right to our team coverag
u.s. death toll is now at least 64. a second new york city hospital, bellevue, has been evacuated because of power and flooding issues. >> lower manhattan still a crippled zone. the markets were able to open today, but there's still flooding damage down there and also very dark streets. >> so in the metropolitan area, the recovery is a struggle. the availability of electricity to run the traffic lights, pump the gasoline, is now prime need. 6.1 million utility customers are still...
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Oct 17, 2012
10/12
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we lose sales and manufacturers here in the u.s. making the same products can't compete. china has been a currency manipulator for years and years and years. and the president has a regular opportunity to label them as a currency manipulator but refuses to do so. on day one, i will label china a currency manipulator, which will allow me as president to be able to put in place, if necessary, tariffs where i believe they're taking unfair advantage of our manufacturers. so we'll make sure the people we trade with around the world play by the rules. but let me not just stop there. don't forget what's key to bringing back jobs here is not just finding someone else to punish -- and i'm going to be strict with people who we trade with to make sure they follow the law, play by the rules. but it's also to make america the most attractive place in the world for businesses of all kinds. that's why i want to bring on the tax rates on small employer, big employers, so they wanted to be here. canada's tax rate on companies is now 15%, ours is 35%. so if you're starting a business, wher
we lose sales and manufacturers here in the u.s. making the same products can't compete. china has been a currency manipulator for years and years and years. and the president has a regular opportunity to label them as a currency manipulator but refuses to do so. on day one, i will label china a currency manipulator, which will allow me as president to be able to put in place, if necessary, tariffs where i believe they're taking unfair advantage of our manufacturers. so we'll make sure the...
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Oct 19, 2012
10/12
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europe is tough, and the u.s. had pockets of growth but still some uncertainty. >> there was weakness a couple segments including in health care. still, all of the firms industrial businesses including energy and aifuate had positive earnings for the first time in 2005. they're margins improved to 146.4%. industrial orders did decline, but take out wind turbines, and the impact of currencies and they rose 4%. six of the nine growth markets are expected to generate double digits earning growth. g.e. stock close to a 52-week high. they got a very big assessment. a rally that could be challenged by today's revenue miss. michelle, back to you. >> all right, thank you. >> that's a good point to remember as mary said, industrial revenue projections remaining in fact. it's largely about g.e. capital shrinking in size. >> and it's 2012, not 2013. >> will window's eight help microsoft bounce back? who better to ask than rick shurland. first, we'll be at post nine with the firsthand account of the stock market contractor th
europe is tough, and the u.s. had pockets of growth but still some uncertainty. >> there was weakness a couple segments including in health care. still, all of the firms industrial businesses including energy and aifuate had positive earnings for the first time in 2005. they're margins improved to 146.4%. industrial orders did decline, but take out wind turbines, and the impact of currencies and they rose 4%. six of the nine growth markets are expected to generate double digits earning...
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Oct 23, 2012
10/12
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top selling energy drink in the u.s. that come in 24 ounces, about seven times the caffeine in a 12-ounce coke. >>> estranged wife who was the target at the milwaukee area spa is being called a hero. one of zina haughton's clients said she approached her husband, and tried to shield a receptionist as she tried to attempt to defuse the situation. he shot and killed two, including his wife and then shot himself. a 9-0 shutout. next up, the detroit tigers. the world series begins tomorrow night in san francisco. soledad? >> whoo hoo, all right! john, thanks. >>> still ahead on "starting point" it's der by country and one of the most battleground. we'll meet some of the voters who could doid the election. >>> apple lovers get ready, new details on what's expected to be a mini ipad announcement today. [ male announcer ] whether it's kevin's smartphone... ♪ ...mom's smartphone... dad's tablet... or lauren's smartphone... at&t has a plan built to help make families' lives easier. introducing at&t mobile share. one plan lets y
top selling energy drink in the u.s. that come in 24 ounces, about seven times the caffeine in a 12-ounce coke. >>> estranged wife who was the target at the milwaukee area spa is being called a hero. one of zina haughton's clients said she approached her husband, and tried to shield a receptionist as she tried to attempt to defuse the situation. he shot and killed two, including his wife and then shot himself. a 9-0 shutout. next up, the detroit tigers. the world series begins tomorrow...
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Oct 24, 2012
10/12
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we already know what obama's u.s. ambassador to the united nations said five days after the attack. >> putting together the best information that we have available to us today. our current assessment is that what happened in benghazi was, in fact, initially a spontaneous reaction to what had just transpired hours before in cairo, almost a copycat of the demonstrations against our facility in cairo, which were prompted, of course, by the video. >> all right. what's the white house saying today? chief white house correspondent jessica yellin joins us by phone from davenport, iowa. the white house has responded. whr they saying? >> reporter: they are telling me this is not, as you describe it an intelligence assessment at all. what it is is reporting from the ground by people there at the state department center, explaining what they're getting information on as it comes in. ansar al sharia took credit on its facebook page that was publicly available. so they passed that on in an e-mail saying that ansar al sharia is tak
we already know what obama's u.s. ambassador to the united nations said five days after the attack. >> putting together the best information that we have available to us today. our current assessment is that what happened in benghazi was, in fact, initially a spontaneous reaction to what had just transpired hours before in cairo, almost a copycat of the demonstrations against our facility in cairo, which were prompted, of course, by the video. >> all right. what's the white house...
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Oct 27, 2012
10/12
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if you had a u.s. factory and you wanted to produce something there, by the time you paid a laborer all the benefits and salary, that's going to come out to about $34 an hour, to do the same thing in china is going to be more like $2 an hour. so the chinese government has structured its infrastructure and everything else to support this idea, to bring factories in, to take advantage of that cheap labor, and to put inexpensive products out to compete on the world market. and boy, does it compete. look at this graph showing what has happened since 1985. this is how many chinese products we were importing in 1985. and it has gone up and up and up and up, so that this is a recession right here, by the way, the little dip there, it's now reached levels here, dropped down a little bit more. but a tremendous increase in the number of chinese products coming into the united states since 1985. but now look at what we're sending over there. u.s. products in 1985 were about even with chinese, and now not nearly a
if you had a u.s. factory and you wanted to produce something there, by the time you paid a laborer all the benefits and salary, that's going to come out to about $34 an hour, to do the same thing in china is going to be more like $2 an hour. so the chinese government has structured its infrastructure and everything else to support this idea, to bring factories in, to take advantage of that cheap labor, and to put inexpensive products out to compete on the world market. and boy, does it...
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Oct 24, 2012
10/12
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in response, u.s. secretary of state hillary clinton said people just wait for what the independent accountability review board concludes. >> looking at everything, not cherry picking one story here, one document there, but looking at everything, which i highly recommend as the appropriate approach to something as complex as an attack like this, you know, posting something on facebook is not in and of itself evidence. >> cnn's elise labott is live for us now. this was one of several e-mails sent the evening of the attack. you heard the secretary of state talking about this is really like puzzle pieces. and this is just one of the many pieces. what are some of the other pieces? >> that's right, fred. really the first communications that we have seen what happened in real time coming from the embassy and the state department operations room, but a little bit of dig there by secretary clinton saying this was one of a lot of traffic of that night, that was painting a more fuller picture. one of the first e
in response, u.s. secretary of state hillary clinton said people just wait for what the independent accountability review board concludes. >> looking at everything, not cherry picking one story here, one document there, but looking at everything, which i highly recommend as the appropriate approach to something as complex as an attack like this, you know, posting something on facebook is not in and of itself evidence. >> cnn's elise labott is live for us now. this was one of several...
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Oct 25, 2012
10/12
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u.s. stock futures are up after markets closed slightly lower yesterday. >>> lots of big corporate earnings today including apple. christine has a preview for us. >> we just heard out of the uk, it's out of recession, uk growth -- economic growth in the uk up 1%. that's good news. >> congratulations, britain. >> so many of these european countries and the uk have been in recession or negative growth. also a bank of america story where the government is suing bank of america. that's going to be an interesting case to watch. more on that next hour. but watching tech earnings in particular. sor raid daye da just mentioned apple. facebook had the best day yesterday that it's had since it went public. apple earnings come out after the closing bell. you know i love to show you the apple stock chart because it has been so good for many investors until recently. it's been faltering from that 700 level. apple has a lot to prove. it's up about 250%. so apple kind of has a lot to prove now under tim
u.s. stock futures are up after markets closed slightly lower yesterday. >>> lots of big corporate earnings today including apple. christine has a preview for us. >> we just heard out of the uk, it's out of recession, uk growth -- economic growth in the uk up 1%. that's good news. >> congratulations, britain. >> so many of these european countries and the uk have been in recession or negative growth. also a bank of america story where the government is suing bank of...
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Oct 24, 2012
10/12
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a u.s. government official tells cnn that the latest intelligence suggests a core group of suspects that launched the initial part of the attack on the mission was somewhere between 35 and 40, around a dozen of them are believed to have ties to either al qaeda in iraq or al qaeda in the islamic mall. still others part to be of the group and many said to be egyptian jihadis. still looters and unarmed. now, a suspect in the attack is being held in tunisia where the u.s. has been denied access to him. the ranking republican on the intelligence committee. cnn has been told that the suspect's name is a tu neez yan connected to extremist groups in north africa. the u.s. first became aware of him when he posted on social media details of the attack while it was happening. when he left for turkey he was detained at the request of u.s. and later transferred to tunisia, wolf. >> suzanne kelly, thank you. >>> and you're in "the situation room." happening now, a key battleground state may no longer be a
a u.s. government official tells cnn that the latest intelligence suggests a core group of suspects that launched the initial part of the attack on the mission was somewhere between 35 and 40, around a dozen of them are believed to have ties to either al qaeda in iraq or al qaeda in the islamic mall. still others part to be of the group and many said to be egyptian jihadis. still looters and unarmed. now, a suspect in the attack is being held in tunisia where the u.s. has been denied access to...
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Oct 26, 2012
10/12
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windows on its own could rank among the 150 u.s. largest companies by revenue. >> you can see how different it is, with the tiles there. >> tremendously. >> people are talking about that. >>> 25 minutes after the hour now. u.s. war ships armed with lasers that could blow up missiles and aircraft. if it sounds like part of the next blockbuster movie, it's not. this is real. we'll explain later this hour on cnn. chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management >>> ready or not, forecasters say hurricane sandy is probably headed right for the east coast. >> neck and neck. president obama, mitt romney. this thing pretty much all tied up with just over a week to go. >> the underdo
windows on its own could rank among the 150 u.s. largest companies by revenue. >> you can see how different it is, with the tiles there. >> tremendously. >> people are talking about that. >>> 25 minutes after the hour now. u.s. war ships armed with lasers that could blow up missiles and aircraft. if it sounds like part of the next blockbuster movie, it's not. this is real. we'll explain later this hour on cnn. chances are, you're not made of money, so don't overpay...
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Oct 24, 2012
10/12
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and u.s. diplomats were informing officials in washington about the unfolding assault while it was happening. cnn has those e-mails, foreign affairs reporter elise labott will discuss what they say and the possible fallout joining us next half hour on "early start." >>> a former cia officer admits to a plea deal of one charge he illegally revealed the name of the covert intelligence officer. this man will serve a 30-month sentence. he also revealed the name of a different cia officer to reporters. sentencing will all happen in january. >>> the u.s. supreme court upholds a stay of excuse for a florida man convicted of killing eight people in two separate shootings. john arrow ferguson was scheduled to be put to death by lethal injection last night, but his lawyer successfully filed a flurry of last-minute appeals arguing that he is mentally insane. ferguson has been on death row for 34 years now. >>> convicted serial pedophile jerry sandusky is spending his first full day in a new pennsylvania
and u.s. diplomats were informing officials in washington about the unfolding assault while it was happening. cnn has those e-mails, foreign affairs reporter elise labott will discuss what they say and the possible fallout joining us next half hour on "early start." >>> a former cia officer admits to a plea deal of one charge he illegally revealed the name of the covert intelligence officer. this man will serve a 30-month sentence. he also revealed the name of a different cia...
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>> reporter: the u.s. military doesn't have a specific policy about the deployment at the same time of an entire family unit. in this case, parents and a child. the military says it also does not keep track of how many cases like this are out there, but ask anybody around here and they'll tell you this is something they have almost never heard of. >> we have so many american heroes in this country that serve every day. it's enormous, the amount of sacrifices that our american families make here and abroad, and they do it for selfless service for the country. >> reporter: the military is called a brotherhood. the skillmans prefer to call it family. >> i'm going with my wife and my son. >> reporter: here and there. >>> next, a story we did about cows eating junk food got a lot of responses from you, beef eaters and vegans alike. >>> plus, i admit, i have very serious issues. the wheels of progress haven't been very active lately. but because of business people like you, things are beginning to get rolling. a
>> reporter: the u.s. military doesn't have a specific policy about the deployment at the same time of an entire family unit. in this case, parents and a child. the military says it also does not keep track of how many cases like this are out there, but ask anybody around here and they'll tell you this is something they have almost never heard of. >> we have so many american heroes in this country that serve every day. it's enormous, the amount of sacrifices that our american...
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Oct 23, 2012
10/12
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now, the u.s. at least for now, wolf, is not in the cone. here to here the u.s. right through here. so i just want you to know though, the u.s. is not that far out of the cone as a 60 or 70-mile-per-hour storm. here's the rub. we talk about the computer models. i'm drawing two separate models. it's going to be hard to tell the difference right now, but there's a yellow and a white one. the white and yellow hang together. they are right over the bahamas in about 72 hours. they are very much in agreement. so we know the bahamas will get it. we know cuba will get it and jamaica eventually. the two low pressure systems, one goes to the left, one goes to new york city. but all the others go out to the atlantic. that's we're concerned about. if it does turn left and go to new england or new york, it will be seven days away. new york, you are not in the cone, but you're not quite out of everything yet. when the computers all decide that it's going that way, we'll be in good shape. if they all decide something else, we'll keep you advised. >> i know you'll be watching sandy every step of th
now, the u.s. at least for now, wolf, is not in the cone. here to here the u.s. right through here. so i just want you to know though, the u.s. is not that far out of the cone as a 60 or 70-mile-per-hour storm. here's the rub. we talk about the computer models. i'm drawing two separate models. it's going to be hard to tell the difference right now, but there's a yellow and a white one. the white and yellow hang together. they are right over the bahamas in about 72 hours. they are very much in...
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Oct 20, 2012
10/12
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what the u.s. did to iran. >> when i heard of that latest car bombing in beirut, i immediately suspected that the slaughter that's going on in syria is going to spread to the neighboring companies. do you see that happening? >> it could well and the biggest concern is of course turkey. you see the cases where the turkish jet was shot down, there's been other issues along the border there. but syria, of course, could well try to move into lebanon to make a point to the rest of the world. we don't know much about this bombing yet so it's a little bit early to figure out where this all happened from. but you know, could the syrian conflict expand? very easily. >> you wrote a por powerful story this week about arms that are getting to the rebels that are winding up in the hands of maybe even al qaeda. >> this is a big problem. you have heard president obama say that while the u.s. would not arm the rebels directly, the u.s. would facilitate that arming and that's been happening through gutter and throu
what the u.s. did to iran. >> when i heard of that latest car bombing in beirut, i immediately suspected that the slaughter that's going on in syria is going to spread to the neighboring companies. do you see that happening? >> it could well and the biggest concern is of course turkey. you see the cases where the turkish jet was shot down, there's been other issues along the border there. but syria, of course, could well try to move into lebanon to make a point to the rest of the...
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Oct 25, 2012
10/12
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they never discuss means and methods. >> reporter: so far u.s. officials here in denmark have offered no explanation about agent storm's claims and certainly no acknowledgment of the cia agents he claims to have met, alex, michael, jet and george. his final mission was to take a usa thumb drive inside it a cia tracking device. he handed it off to an al qaeda courier. within weeks awlaki was killed. a week after he was killed storm was angry with the cia. he felt they let him down. danish intelligence agents convinced him to come to here on the seventh of october 2011. storm was recording the meetings. he met with a cia agent named michael. michael told him president obama knows about you, that important people are aware of what you are doing and we are grateful. >> it's against your honor as american, as the super power of the world. >> reporter: the recordings reveal storm wanted credit for killing awlaki, but michael told him a parallel operation was responsible. the meeting was a watershed. >> they lost control over him. and they now have to s
they never discuss means and methods. >> reporter: so far u.s. officials here in denmark have offered no explanation about agent storm's claims and certainly no acknowledgment of the cia agents he claims to have met, alex, michael, jet and george. his final mission was to take a usa thumb drive inside it a cia tracking device. he handed it off to an al qaeda courier. within weeks awlaki was killed. a week after he was killed storm was angry with the cia. he felt they let him down. danish...
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Oct 26, 2012
10/12
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i think the u.s. had to step in at that paint and the taxpayers are going to get all or most of their money back as a result. >> i don't know about gm. >> we still own a piece of gm. >> very optimistic. all right. but i know that's a separate issue. andy, what do you think about john's point? mitt romney had had his way, it still would have failed for the industry and that's perhaps what voters are reacting to. >> the good news is that issue is as relevant today as -- because the economy isn't just under water because of what happened in the automobile industry. it's because of what hasn't happened in leadership from the white house. i think it could have been a lot worse if we didn't have a process that allowed for a managed change in the auto industry, but we have not turned this economy around and president romney will change it because he knows what to do and president obama didn't have the chance to do it. >> i want to stay on this issue of the auto bailout. the headline mitt romney proposed for
i think the u.s. had to step in at that paint and the taxpayers are going to get all or most of their money back as a result. >> i don't know about gm. >> we still own a piece of gm. >> very optimistic. all right. but i know that's a separate issue. andy, what do you think about john's point? mitt romney had had his way, it still would have failed for the industry and that's perhaps what voters are reacting to. >> the good news is that issue is as relevant today as --...
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Oct 25, 2012
10/12
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walmart. >>> the u.s. government is now drawing the link between the attack and the consulate in libya and al qaeda. we are talking about, of course, machine gun and rocket assault that happened on september 11th in benghazi. four americans killed, including the u.s. ambassador in libya, chris stevens. who knew what, when, just a part of this criminal investigation. it's become one of the most angrily debated questions in the presidential election. want to talk about this new al qaeda connection with our foreign affairs reporter elyse lavitt. they say they had signs of al qaeda involvement, but now they're even more convinced. why such a strong case now? what have we learned? >> well, suzanne, we've been reporting over the last 24 hours, and our intelligence correspondent susan kelly said we had signs early on that al qaeda and the al qaeda affiliate that's been operating in north africa was involved, but now we have new information that al qaeda in iraq, that's the group that was in iraq and had been weak
walmart. >>> the u.s. government is now drawing the link between the attack and the consulate in libya and al qaeda. we are talking about, of course, machine gun and rocket assault that happened on september 11th in benghazi. four americans killed, including the u.s. ambassador in libya, chris stevens. who knew what, when, just a part of this criminal investigation. it's become one of the most angrily debated questions in the presidential election. want to talk about this new al qaeda...
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Oct 25, 2012
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and the u.s. is negotiating, going through the process of negotiating, getting access to this person. they want to pinpoint as many of those attackers as they can. >> how did they track this individual? especially since we know, from statements from the white house, and the confusion we've all talked about over the past few weeks, how were they able to zero in on this particular suspect? >> i don't know, exactly, is the fair answer. but this person apparently was posting details about the attack as it was happening on social websites. fg you think about now how much intelligence information is joined fri open sources, from the media, from cnn, facebook, twitter, that kind of thing, there's a lot of stuff out there. and to think of the audacity, though, someone, as an attack is going, put details about it on their so social website, you've got to wonder if they're thinking about getting caught. >> i really wonder. thanks for being with us this morning. >>> let's get right to john berman with a look
and the u.s. is negotiating, going through the process of negotiating, getting access to this person. they want to pinpoint as many of those attackers as they can. >> how did they track this individual? especially since we know, from statements from the white house, and the confusion we've all talked about over the past few weeks, how were they able to zero in on this particular suspect? >> i don't know, exactly, is the fair answer. but this person apparently was posting details...
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Oct 27, 2012
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not only because the u.s. has got the dollar, which is the world's largest reserve currency and largest market and growing at 2% and employment at 7.8%. all these issues. what the governor is talking about, of course, is debt and deficits. and the very high level of u.s. debt, which at some point is going to have to be addressed. whoever gets elected to the white house, whichever party takes the house and the senate, they are going to have to deal with the debt crisis. >> now, also got a chance to ask richard about his stateside train trip through the u.s. talked to voters from chicago through iowa and utah and california. >> this was brilliant. i tell you why i really liked it because i got to see, i got to see americans, whether it was in the civil war reenactment in iowa or at byu in utah or in colorado and i got to hear what their concerns truly are in this election season. it gives you a better perspective than the metropolitan elittism of the coasts. >> check out "quest means business" or watch cnn inter
not only because the u.s. has got the dollar, which is the world's largest reserve currency and largest market and growing at 2% and employment at 7.8%. all these issues. what the governor is talking about, of course, is debt and deficits. and the very high level of u.s. debt, which at some point is going to have to be addressed. whoever gets elected to the white house, whichever party takes the house and the senate, they are going to have to deal with the debt crisis. >> now, also got a...
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Oct 25, 2012
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a u.s. government official tells cnn that the latest intelligence suggests the core group of suspects that launched the initial part of the attack on the mission was somewhere between 35 and 40. around a dozen of them are believed to have ties to either al qaeda in iraq or al qaeda in the islamic magroup. still others believed to be part of ansar al sharia and many said to be egyptian jihadis. others were looters say officials, and unarmed. susan kelly, cnn, new york. >>> have to talk about the weather now. hurricane sandy takes aim at the bahamas after pounding cuba. the category 2 hurricane is blamed for at least two reported deaths, one in jamaica and another in haiti and people living along the u.s. east coast could be affected by sandy. rob marciano is here. he's tracking sandy. so who is she going to hit? >> kind of late in the season for this but looks like everybody on the east coast, directly on the east coast, will be affected by this storm. right now winds of 105 miles per hour, r
a u.s. government official tells cnn that the latest intelligence suggests the core group of suspects that launched the initial part of the attack on the mission was somewhere between 35 and 40. around a dozen of them are believed to have ties to either al qaeda in iraq or al qaeda in the islamic magroup. still others believed to be part of ansar al sharia and many said to be egyptian jihadis. others were looters say officials, and unarmed. susan kelly, cnn, new york. >>> have to talk...
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Oct 24, 2012
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i'm wondering why the u.s. government gives those free passes. is it because we can't get china to do what we want? >> well, china is certainly not going to cooperate with the united states in any way on iran. they have other deals there. so they need that petroleum. remember, china has to grow at about 8% a year, just to meet their social demands on their government spending. so they're not going to pay attention to us. they haven't been very helpful in trying to slow down the iranian program. russia has also not been very helpful on trying to slow down the iranian program. so they're not going to help us. the other countries that got waivers was a little bit concerning, that the administration thought, well, we're going to be tough, but we're going to give these waivers. and you know, to -- that other side of that coin is that these countries said it would be so crippling to their economy, because they take such a high percentage of iranian oil that they wouldn't be able to survive it economically. so that's the problem you have. but here's the
i'm wondering why the u.s. government gives those free passes. is it because we can't get china to do what we want? >> well, china is certainly not going to cooperate with the united states in any way on iran. they have other deals there. so they need that petroleum. remember, china has to grow at about 8% a year, just to meet their social demands on their government spending. so they're not going to pay attention to us. they haven't been very helpful in trying to slow down the iranian...
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there's also a very heated u.s. senate race in wisconsin underway right now. here's cnn's ted rowlands. >> reporter: on the right, tommy thompson, on the left, tammy baldwin, now 70, he served four terms as wisconsin governor and was george w. bush's secretary of health and human services. she's 50, openly gay and a 14-year veteran of the house of representatives. up for grabs is the senate seat left open by retiring democrat herb cole which republicans desperately want to help them win a majority. >> i'm tommy thompson. >> reporter: both sides are pooring in cash, a state record $40 million has been spent so far on this election. almost three-fourths coming from groups that aren't directly associated with the candidates but are very interested in the outcome. >> you can't turn on your tv right now without running into ads for tammy and tommy. >> reporter: daniel bice has been covering wisconsin politics for more than 20 years. this race he says is all about attacking the opponent. >> she's trying to define thompson as someone who was a good governor but no lo
there's also a very heated u.s. senate race in wisconsin underway right now. here's cnn's ted rowlands. >> reporter: on the right, tommy thompson, on the left, tammy baldwin, now 70, he served four terms as wisconsin governor and was george w. bush's secretary of health and human services. she's 50, openly gay and a 14-year veteran of the house of representatives. up for grabs is the senate seat left open by retiring democrat herb cole which republicans desperately want to help them win a...
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Oct 26, 2012
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latinos in both english and spanish, because even though of course u.s. citizens that are latino speak english because they have to pass the citizenship test but a lot of them prefer to get their information in spanish. therefore, there's a good possibility according to latino decisions that the polls that we're seeing nationally and in some battleground states are not accurate because they did not measure adequately the hispanic vote. so it's very possible that that number could be 4% more toward president obama. so we're expecting that in this election, november 6, approximately 12.2 million latinos will vote. that's about a 26% increase from 2008. but if they go out and vote it will make a difference. if they don't go out and vote, it won't. >> thank you very much. great to have you on. thank you. >>> it's been called a frankenstorm and by chad myers, the imperfect storm. it's hurricane sandy and it's headed for the east coast just in time for halloween. chad has the latest on where it could hit and how bad it could be, next. a desktop in zurich... and
latinos in both english and spanish, because even though of course u.s. citizens that are latino speak english because they have to pass the citizenship test but a lot of them prefer to get their information in spanish. therefore, there's a good possibility according to latino decisions that the polls that we're seeing nationally and in some battleground states are not accurate because they did not measure adequately the hispanic vote. so it's very possible that that number could be 4% more...
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Oct 20, 2012
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it could have been multiple militias that attacked the u.s. consulate there. we just may not know for years. >> fran, what do your intelligence sources tell you? was he involved in the attack, do you believe? >> you know, i think the fact that he's a sort of known extremist in terms of his ideology, it would not be surprising. and i will tell you, john, in answer to the question you put to bob about are we surprised, we should be disappointed but not surprised. it was journalists who found ambassador stevens' journal because neither libyan officials nor american officials had gotten to that consulate. time and again, it took the fbi three weeks to get to the consulate itself to do a forensic investigation. the investigation of this on both the american and the libyan side has been absolutely and completely incompetent. the notion that a journalist could find this guy and sit down with him and do an interview before investigators should not surprise us. disappointing, yes. surprising, no. >> as we get more information, sadly raises more and alarming questions.
it could have been multiple militias that attacked the u.s. consulate there. we just may not know for years. >> fran, what do your intelligence sources tell you? was he involved in the attack, do you believe? >> you know, i think the fact that he's a sort of known extremist in terms of his ideology, it would not be surprising. and i will tell you, john, in answer to the question you put to bob about are we surprised, we should be disappointed but not surprised. it was journalists...
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Oct 24, 2012
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but a second e-mail saying the firing of the u.s. diplomatic mission in benghazi has been stopped and the compound has been cleared, end quote. the last e-mail came about an hour later. and this is key. subject line reads, "update to. ans ansar al sharia claims responsibilities for the attack. embassy tripoli reports the group claimed responsibility on faib and twitter and called for an attack on embassy tripoli. that group has ties to al qaeda and this morning two white house officials told cnn, the e-mails came from the state department o.p. center sharing public knowledge about the claim that was made on facebook. they say the white house has had other information along with that public knowledge that conflicted with those reports. and one source says, quote, there are always multiple and conflicting reports in the initial hours of an attack. that's why you have an investigation. but clearly it could be troublesome for the president as he continues to campaign. i want to take us back to the story we began this newscast with. and t
but a second e-mail saying the firing of the u.s. diplomatic mission in benghazi has been stopped and the compound has been cleared, end quote. the last e-mail came about an hour later. and this is key. subject line reads, "update to. ans ansar al sharia claims responsibilities for the attack. embassy tripoli reports the group claimed responsibility on faib and twitter and called for an attack on embassy tripoli. that group has ties to al qaeda and this morning two white house officials...
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Oct 17, 2012
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we lose sales and manufacturers in the u.s. making the same products can't compete. china say currency manipulator for years and years and years. and the president has a regular opportunity to label them as a currency manipulator, but refuses to do so. day one, i'll label china a currency manipulator. which allows me as president to put in place tariffs where i believe they are taking unfair advantage of our manufacturers. so we'll make sure people we trade with around the world play by the rules. let me not just stop there. don't forget what's key to bringing back jobs here, not just finding someone else to punish, and i'm going to be strict with people who we trade with to make sure they follow the law, play by the rules, but to make america the most attractive place in the world for businesses of all kinds and bring on the tax rates on small employers, big employers, so they want to be here, canada's tax rate and company' is now 15%. ours is 35%. if you were starting a business, where would you rather start it? we have to be competitive. the rate of regulations qu
we lose sales and manufacturers in the u.s. making the same products can't compete. china say currency manipulator for years and years and years. and the president has a regular opportunity to label them as a currency manipulator, but refuses to do so. day one, i'll label china a currency manipulator. which allows me as president to put in place tariffs where i believe they are taking unfair advantage of our manufacturers. so we'll make sure people we trade with around the world play by the...
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minding your business, u.s. stock futures signal a higher open for stocks today, and markets closed higher yesterday, after reports showed manufacturing expanded last month. the new york attorney general has filed suit against jpmorgan over the risky mortgage-backed securities packaged and sold duringed housing bubble. the civil suit alleges bear stearns, which jpmorgan now owns, misled investors into thinking these toxic mortgage loans had been fully evaluated. total losses suffered from the mortgage-backed securities, $22.5 billion. from 2006 to 2007. >>> google is now worth $249.1 billion. unseating microsoft as the world's second largest tech company in terms of market cap. google took the number two spot yesterday when it gained about 1%, closing that $761.78 a share. apple still market cap king worth $628 billion. >> sounds like a lot of money. >> it's a lot of money and everything has a "b" in front of it. >> this is now a really surprising interesting story you're all going to want to watch. the united s
minding your business, u.s. stock futures signal a higher open for stocks today, and markets closed higher yesterday, after reports showed manufacturing expanded last month. the new york attorney general has filed suit against jpmorgan over the risky mortgage-backed securities packaged and sold duringed housing bubble. the civil suit alleges bear stearns, which jpmorgan now owns, misled investors into thinking these toxic mortgage loans had been fully evaluated. total losses suffered from the...
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it has not been done in the u.s. we are talking too much and doing too little. >> now, if this was any leader in latin america, perhaps people would ignore him, but this is the president that's running strong free market economies and policies, and that's why when somebody like this harvard ph.d. economist speaks, president as well, suzanne, people listen. of urse, it reinforces what countries like brazil have said, which is simple. that the u.s. and others are now leading to a currency war. >> so what happens here? i mean, he is doing a lot of spending in the budget here. especially on education, but then you see the student protesters that are coming out. does he have a problem? people want more and more from him. >> yes. and for a man who -- i mean, i wouldn't say he went from hero to zero, but he was such a hero after the miners rescue, and now, of course, his ratings are languishing, although he can't stand for re-election in 18 months time. what happened, of course, is expectations. chile is just on the verge o
it has not been done in the u.s. we are talking too much and doing too little. >> now, if this was any leader in latin america, perhaps people would ignore him, but this is the president that's running strong free market economies and policies, and that's why when somebody like this harvard ph.d. economist speaks, president as well, suzanne, people listen. of urse, it reinforces what countries like brazil have said, which is simple. that the u.s. and others are now leading to a currency...
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Oct 19, 2012
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there is timothy dolan, the president of the u.s. conference of catholic bishops and the head of the archdiocese of new york that is sponsoring this al smith dinner, raising $5 million for needy kids in the new york area. let's get some quick reaction. gloria, what did you think? >> i thought he was funny, great, self-deprecating, as was romney at points, talking about the nap he took during the first debate made some fun of his vice president, made some fun of mitt romney and ended up on the same note that mitt romney did, which is talking about civility in politics, which we seem to reserve these days for events like this, sadly. and not more often. i thought both of these men did really well. they have got some good speech writers and the president is a little bit more practiced at it than mitt romney, i would have to say but overall, i think it was great. >> i think they were both pretty good. ross is with us as well. ross, you know what? it leaves everybody with a pretty good feeling, especially in the aftermath of that he have,
there is timothy dolan, the president of the u.s. conference of catholic bishops and the head of the archdiocese of new york that is sponsoring this al smith dinner, raising $5 million for needy kids in the new york area. let's get some quick reaction. gloria, what did you think? >> i thought he was funny, great, self-deprecating, as was romney at points, talking about the nap he took during the first debate made some fun of his vice president, made some fun of mitt romney and ended up on...
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Oct 23, 2012
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u.s. auto industry. >> if we had taken your advice, governor romney about, our auto industry, we would be buying cars from china instead of selling cars to china. i'm a son of detroit. i was born in detroit. my dad was head of a car company. i like american cars. i would do nothing to hurt the u.s. auto industry. the companies need to go through a management of bankruptcy. >> that's not what you said. >> take a look at -- >> governor romney, you did not say you would provide help. >> we would provide guarantees. and that was what was able to allow these companies to go through bankruptcy, to come out of bankruptcy. >> let's check the record. >> that is the height of silliness. >> reporter: now cnn's poll did show that overall the president won this debate, at least that's what the viewers voting thought. but if you look at what the goal of mitt romney was to be seen as commander in chief, he didn't do so bad. look quickly at the polls. can romney handle the job of commander in chief? yes,
u.s. auto industry. >> if we had taken your advice, governor romney about, our auto industry, we would be buying cars from china instead of selling cars to china. i'm a son of detroit. i was born in detroit. my dad was head of a car company. i like american cars. i would do nothing to hurt the u.s. auto industry. the companies need to go through a management of bankruptcy. >> that's not what you said. >> take a look at -- >> governor romney, you did not say you would...
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Oct 28, 2012
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play close attention here to this important court case at the u.s. supreme court. it might give you second thoughts. here is the crime and justice correspondent joe johns. joe, good morning. >> brook, this started with a student from thailand who was studying in the united states. to pay for his kegs his family and friends sent his cheap versions of tax books printed overseas which he sold to people in the united states at big discounts. the publisher sued. now some say the outcome of this case could have a big impact on the economy. >> reporter: it's a case that could cause trouble for anyone who ever thought about selling an old iphone or ipad. donating clothes to charity or even unloading junk at a yard sale. the issue about to be argued before the supreme court is whether the original copyright holder on u.s. products manufactured or purchased in other countries can control your ability to resell the product once you buy it. davis resells old products at this ebay consignment store. >> how much of that stuff is foreign manufacturers? >> i probably say 85%, 95%.
play close attention here to this important court case at the u.s. supreme court. it might give you second thoughts. here is the crime and justice correspondent joe johns. joe, good morning. >> brook, this started with a student from thailand who was studying in the united states. to pay for his kegs his family and friends sent his cheap versions of tax books printed overseas which he sold to people in the united states at big discounts. the publisher sued. now some say the outcome of...
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u.s. consulate in benghazi. according to those e-mails the white house and the state department were informed a militant islamic group had claimed credit for the attack, two hours after it began. and u.s. diplomats were providing details to officials in washington while it was happening. now, in a moment we're going to get reaction from congressman mike rogers who ishe chairman of the house intelligence committee. >>> a massive document dump reveals the state of massachusetts knew about reports that necc was breaking prescription laws over the past decade. the documents show complaints from doctors and even complaints from officials in iowa, wisconsin and texas. but massachusetts failed to take tough action. necc is behind a nationwide meningitis outbreak now up to 304 cases and four other infections, including 23 deaths in 17 states. >>> a deadly shark attack off the coast of santa barbara in california. police say the victim was an expert surfer. he was riding the waves with friends off
u.s. consulate in benghazi. according to those e-mails the white house and the state department were informed a militant islamic group had claimed credit for the attack, two hours after it began. and u.s. diplomats were providing details to officials in washington while it was happening. now, in a moment we're going to get reaction from congressman mike rogers who ishe chairman of the house intelligence committee. >>> a massive document dump reveals the state of massachusetts knew...